-
Interfor, Domtar, Norbord Report: 1Q 2016
Interfor, out of Vancouver, BC, recorded adjusted EBITDA of $33.4 million on sales of $433.9 million in 1Q 2016 compared to $35.8 million on sales of $411.4 million in 4Q 2015, the company announced Thursday. Net earnings were $0.8 million, or $0.01 per share, compared with net losses of $3.5 million, or $0.05 per share,…
-
Japan Log and Lumber Imports: Canada and US 2015
There was little change last year in Japan’s import volumes of North American lumber, and of US logs, according to Japan Lumber Journal Friday. Japan’s imports of Canadian logs, however, dropped significantly in both volumes and values. Volumes of Japan’s imports of US logs increased by 7.9 per cent in 2015 compared to the previous…
-
US Home Rentals, Sales, Prices: March 2016
Americans paid more to rent homes last month, but broader measures suggest that the surging increases of prior years have moderated in much of the country. Real estate data firm Zillow said Friday that the median US monthly rent rose a seasonally adjusted 2.6 per cent in March from a year ago, to US$1,389. That…
-
Canada, US Railways Report: 1Q 2016
Canadian Pacific Railway, out of Calgary, AB, Wednesday reported 1Q 2016 earnings of $540 million, or $3.51 per diluted share, up from a pro t of $320 million, or $1.92 per diluted share a year ago. Railways Quarterly Results Canadian Pacific also reported that its operating ratio, which tracks operating expenses as a percentage of…
-
USW Files Lockout Notice
The United Steelworkers Local 1-85, out of Port Alberni on British Columbia’s Vancouver Island have “laid a lockout complaint with the Labour Relations Board against Western Forest Products, which we are working through submissions and hope to get a hearing as early as next week,” said the USW’s Norm Mcleod to Madison’s in an email…
